{"product_id":"big-money-thinks-small-biases-blind-spots-and-smarter-investing-9780231175715","title":"Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing","description":"Investors are tempted daily by misleading or incomplete information. They may make a lucky bet, realize a sizable profit, and find themselves full of confidence. Their next high-stakes gamble might backfire, not only hitting them in the balance sheet but also taking a mental and emotional toll. Even veteran investors can be caught off guard: a news item may suddenly cause havoc for an industry they've invested in; crowd mentality among fellow investors may skew the market; a CEO may turn out to be unprepared to effectively guide a company. How can one stay focused in such a volatile profession? If you can't trust your past successes to plan and predict, how can you avoid risky situations in the future? \u003cp\u003e\u003c\/p\u003eIn \u003ci\u003eBig Money Thinks Small\u003c\/i\u003e, veteran fund manager Joel Tillinghast shows investors how to avoid making these mistakes. He offers a set of simple but crucial steps to successful investing, including: \u003cbr\u003e- Know yourself, how you arrive at decisions, and how you might be susceptible to self-deception.\u003cbr\u003e- Make decisions based on your own expertise, and do not invest in what you don't understand.\u003cbr\u003e- Select only trustworthy and capable colleagues and collaborators.\u003cbr\u003e- Learn how to identify and avoid investments with inherent flaws.\u003cbr\u003e- Always search for bargains, and never forget that the first responsibility of an investor is to identify mispriced stocks. \u003cp\u003e\u003c\/p\u003ePatience and methodical planning will pay far greater dividends than flashy investments. Tillinghast teaches readers how to learn from their mistakes--and his own, giving investors the tools to ask the right questions in any situation and to think objectively and generatively about portfolio management.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Columbia Business School Publishing\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/18\/2020\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780231175715\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 312\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.85lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.70h x 5.60w x 0.80d","brand":"Joel Tillinghast","offers":[{"title":"Default Title","offer_id":36635292172444,"sku":"9780231175715","price":16.11,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_7eea4a90-617c-4d52-aea8-e45700d3db03.jpg?v=1603839129","url":"https:\/\/pastforward.org\/products\/big-money-thinks-small-biases-blind-spots-and-smarter-investing-9780231175715","provider":"Past Forward","version":"1.0","type":"link"}